WSU president says school had $17M deficit last year

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

SPOKANE, Wash.  — Washington State University operated at a $17 million deficit last year, and President Kirk Schulz is telling departments that overspent to develop plans to repay the money and achieve a balanced budget.

The news came in an email Schulz sent to the WSU community this week.

Schulz says several academic units overspent their budgets by $1 million to $3 million. He says much of the spending was for research, new faculty hires, and the creation of academic infrastructure.

Schulz says none of the money was spent frivolously or recklessly.

The $17 million deficit is in addition to an athletics deficit of about $13 million last year.

Schulz says Washington State University is looking for ways to increase its revenues to reach its goal of a top 25 public research university.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.